Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...

The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

Chicago Federal Reserve Bank President Austan Goolsbee said Friday's inflation data was a bit better than expected and helps ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...

The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...

The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.

Today, many countries hold significant amounts of gold in their reserves. Why? This precious metal is often seen as a safe ...